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sure; in the US, the cost will depend on employment, so the more employers hire the less it should cost. i am advocating for the equivalent to one dollar an hour less than the minimum wage to actually work, for unemployment compensation.the scenario is, unemployed Labor can apply for unemployment compensation for simply being unemployed in our at-will employment States.it is not a universal wage, it is correcting for the social inefficiency of Capitalism's natural rate of unemployment with existing legal and physical infrastructure.You are an ignorant bigot and have been unable to refute it. Anything for you deflect. Let’s see your numbers on your universal wage.
Solving for simple poverty on an at-will basis in our at-will employment States is as market friendly as we can make it under our form of Capitalism.
Let’s see the numbers? Where has it been successful? Explain the model, who is eligible and when?
So every unemployed person is eligible? Where has this been successfully done? How much will this actually cost? What is the monthly benefit?
The price of a Big Mac has increased $1 in the ten years since min wage has increased2010McDonalds survived doubling the price of ground beef
But can’t survive a minimum wage increase
Yes, by passing on costs to consumers.
Which if the consumers refuse to pay the higher price, then no.... they can't survive.
Doubling the cost of beef? When did this happen?
Um.... no.
View attachment 264475
The price of beef, has increased barely $1 per lbs, over a period of decades. It's been slowly going up year over year, since the mid-90s.
It most certainly did not double in one year, from 2009, to 2010.
Ridiculous.
Now you might ask the question how can McDonald's handle the cost of beef going up, but not a minimum wage going up?
The answer is simple.... higher prices.
View attachment 264477
All costs are passed onto the consumer. All of them. There is no cost, whether it is the cost of payroll, or the cost of beef, that is not passed onto consumers.
Further, the cost of beef, is actually not a major cost to the store. It just isn't. It may seem like it should be, since they are primarily a burger joint, but in reality the full cost of a single big mac, in terms of food costs, is only 80¢. So out of that $4.80 for a big mac, only 80¢ is the food. That means the cost of the beef used, is less than 80¢ because that 80¢ includes the buns, the cheese, the onions, the sauce, and whatever else that is on it.
So what is the other $4? All profit? No, because if it was all profit, McDonald's would be raking in Trillions instead of Billions.
Of course you have store overhead, and you have to pay for the paper supplies, like the wrapper you put the burger in, and the bag, and so on.
But the single biggest expense, is exactly as the person before pointed out.... payroll. If you increase the price of beef, even by 100%.... we're still talking pennies per burger.
But if you increase payroll by 100%, we're talking $600,000.
Additionally, you seem to be equating a slow increase over 20 years, with a minimum wage increase over 2 years. Not at all comparable.
All those costs have risen significantly in the last ten yearsMcDonalds survived doubling the price of ground beef
But can’t survive a minimum wage increase
Why do dummies like you continue to ignore the people that actually do the work?
Now from an expert.........!
Cody Dostal, I was a Department Manager in Training at McDonald's for 3 years.
Okay, so let me put a little perspective on this from a McDonald's standpoint.
I will use a McDouble as an example. At my store, a McDouble is currently $1.29 for reference.
Reg meat: ~$0.10 (2 patties at ~$0.05)
Bun: ~$0.07
Cheese: ~$0.10
Onions: ~$0.02
Pickles: ~$0.03 (2 pickles at ~$0.015
Ketchup: ~$0.03
Mustard: ~$0.01
So all in all, we only pay ~$0.36 for a McDouble, right? Nope.
That's the direct cost. Now we need to take into account the indirect cost. These indirect costs are more of estimates than exact figures.
Electricty: ~$0.15 (Yes, it doesn't take $0.15 of electricity to MAKE the sandwich, but this cost will go towards the bill for 24 hour electricity at our store)
Labor: ~$0.15
Insurance: $0.17
Misc: $0.25 (Rent, outside services, etc...)
So now the total is ~$1.08 give or take a few. So all in all, we make about $0.11 in profit on that sandwich.
However, that profit goes not to the store (at least in a corporate store), but to corporate. That profit is then given to the store as needed (oh, and corporate generally decides what's needed apart from your necessary purchases, like stock).
Where we make money is soda and fries. Those are the big bucks for a fast food restaurant.
For a hamburger ($1), we make roughly $0.08 profit after all similar expenses are taken out.
Fast food is not big bucks when you look at individual item profit. It builds up when a lot is sold.
https://www.quora.com/How-much-does-a-1-hamburger-sandwich-cost-a-fast-food-restaurant-to-make
Let’s see...McDonalds survived doubling the price of ground beef
But can’t survive a minimum wage increase
Evidently you don't comprehend this example of the average McDonalds' operating expenses!
What is McDonald's alternative?
Meet the newest fry cook at the US burger chain CaliBurger: Flippy.
This robot, which will be installed in up to 10 of CaliBurger's 50 locations, can turn patties on a grill and clean it.
Robots are already working in fast-food restaurants — here's exactly what they're doing right now
New McDonald’s In Phoenix Run Entirely By Robots
New McDonald’s In Phoenix Run Entirely By Robots - News Examiner
sure; in the US, the cost will depend on employment, so the more employers hire the less it should cost. i am advocating for the equivalent to one dollar an hour less than the minimum wage to actually work, for unemployment compensation.the scenario is, unemployed Labor can apply for unemployment compensation for simply being unemployed in our at-will employment States.it is not a universal wage, it is correcting for the social inefficiency of Capitalism's natural rate of unemployment with existing legal and physical infrastructure.
Solving for simple poverty on an at-will basis in our at-will employment States is as market friendly as we can make it under our form of Capitalism.
Let’s see the numbers? Where has it been successful? Explain the model, who is eligible and when?
So every unemployed person is eligible? Where has this been successfully done? How much will this actually cost? What is the monthly benefit?
Every unemployed person, from age one month to 125 years old, How many people would that be? Could you please give the monthly amount of the benefit? What if a person worked part time, what would be his benefit?
Let’s see...McDonalds survived doubling the price of ground beef
But can’t survive a minimum wage increase
Evidently you don't comprehend this example of the average McDonalds' operating expenses!
What is McDonald's alternative?
Meet the newest fry cook at the US burger chain CaliBurger: Flippy.
This robot, which will be installed in up to 10 of CaliBurger's 50 locations, can turn patties on a grill and clean it.
Robots are already working in fast-food restaurants — here's exactly what they're doing right now
New McDonald’s In Phoenix Run Entirely By Robots
New McDonald’s In Phoenix Run Entirely By Robots - News Examiner
McDonalds is introducing robots even though the price of labor hasn’t been increased in ten years
Showing that the min wage has nothing to do with it
They would have introduced robots anyway
lol. the cognitive dissonance of the right wing is incredible, along with their appeals to ignorance.View attachment 264072
A Heritage Foundation analysis from 2016 estimated that a $15 federal minimum wage would wipe out 7 million jobs. Hardest hit would be workers, businesses, and economies in areas with low costs of living. (like Mississippi where cost of living is 87% of USA standard.
Mississippi cost of living is 87.8% Mississippi Cost of Living
Liberal activists demand a “living wage,” but the truth is that only a tiny handful of hourly wage workers make the minimum wage or less (4 percent), according to the Employment Policies Institute. On the contrary, a whopping 44 percent of hourly workers currently earn at or below the proposed $15 minimum wage.
Now consider what the $15 minimum wage would do.
For a restaurant that employs 10 minimum wage workers, a $15 minimum wage hike would cost them about $170,000 per year. If the restaurant currently earns profit margins of 5 percent, it would have to increase sales by $3.5 million per year, or an extra $67,000 every week.
But that is not realistic. The likely scenario is that they’ll either have to cut working hours or fire some workers altogether. Either way, most people are worse off than before.
Lawmakers Are Pushing a $15 Minimum Wage. Here Are 3 Disastrous Consequences That Would Result.
Robotic waiters...
View attachment 264073
She is like the other indoctrinated idiots and doesn't have a clue. She has been taught to push socialist policies. Those at the top do know that this minimum wage hike will kill jobs and that is exactly what they want. It's just one part of the big plan. They are starting to be honest about wanting open borders, one world government and some are even saying that government dependence is better than independence.
No leftist is at all happy with the lower unemployment rate, the better economy, the tax breaks and especially not the effort to secure the border. They continue to push for gun control (which we all know would lead to total confiscation if the left had their way) and they will continue to follow the Cloward-Piven plan to destroy America. They need to get as many people dependent on government as possible. Between the schools dumbing people down and the mindset that certain people are entitled to everything by virtue of being born, they discourage people from seeking jobs or careers. They need for government to take control over healthcare, production, energy and all food sources.
People like AOC have been brainwashed into believing that socialism is benevolent. They know nothing of history, especially regarding Hitler, the socialist.
From the beginning of preparedness in 1939 through the peak of war production in 1944, American leaders recognized that the stakes were too high to permit the war economy to grow in an unfettered, laissez-faire manner. American manufacturers, for instance, could not be trusted to stop producing consumer goods and to start producing materiel for the war effort. To organize the growing economy and to ensure that it produced the goods needed for war, the federal government spawned an array of mobilization agencies which not only often purchased goods (or arranged their purchase by the Army and Navy), but which in practice closely directed those goods’ manufacture and heavily influenced the operation of private companies and whole industries.--The American Economy during World War II
i am referring to legal adult participation in the market for labor; younger persons could get emancipated if they want, find it necessary or expedient.sure; in the US, the cost will depend on employment, so the more employers hire the less it should cost. i am advocating for the equivalent to one dollar an hour less than the minimum wage to actually work, for unemployment compensation.the scenario is, unemployed Labor can apply for unemployment compensation for simply being unemployed in our at-will employment States.it is not a universal wage, it is correcting for the social inefficiency of Capitalism's natural rate of unemployment with existing legal and physical infrastructure.
Solving for simple poverty on an at-will basis in our at-will employment States is as market friendly as we can make it under our form of Capitalism.
Let’s see the numbers? Where has it been successful? Explain the model, who is eligible and when?
So every unemployed person is eligible? Where has this been successfully done? How much will this actually cost? What is the monthly benefit?
Every unemployed person, from age one month to 125 years old, How many people would that be? Could you please give the monthly amount of the benefit? What if a person worked part time, what would be his benefit?
The least wealthy spend most of their income. Local economies benefit the most.sure; in the US, the cost will depend on employment, so the more employers hire the less it should cost. i am advocating for the equivalent to one dollar an hour less than the minimum wage to actually work, for unemployment compensation.the scenario is, unemployed Labor can apply for unemployment compensation for simply being unemployed in our at-will employment States.Let’s see the numbers? Where has it been successful? Explain the model, who is eligible and when?
So every unemployed person is eligible? Where has this been successfully done? How much will this actually cost? What is the monthly benefit?
Every unemployed person, from age one month to 125 years old, How many people would that be? Could you please give the monthly amount of the benefit? What if a person worked part time, what would be his benefit?
I actually got him far enough down the trail on this subject that he admitted it would cost over 3 trillion/year. Still claimed it would work.
We should not be subsidizing labor for employers. Raising the minimum wage means less need for social services.Let’s see...McDonalds survived doubling the price of ground beef
But can’t survive a minimum wage increase
Evidently you don't comprehend this example of the average McDonalds' operating expenses!
What is McDonald's alternative?
Meet the newest fry cook at the US burger chain CaliBurger: Flippy.
This robot, which will be installed in up to 10 of CaliBurger's 50 locations, can turn patties on a grill and clean it.
Robots are already working in fast-food restaurants — here's exactly what they're doing right now
New McDonald’s In Phoenix Run Entirely By Robots
New McDonald’s In Phoenix Run Entirely By Robots - News Examiner
McDonalds is introducing robots even though the price of labor hasn’t been increased in ten years
Showing that the min wage has nothing to do with it
They would have introduced robots anyway
Sure, and rising labor costs would simply accelerate the process.
No they wouldn’tLet’s see...McDonalds survived doubling the price of ground beef
But can’t survive a minimum wage increase
Evidently you don't comprehend this example of the average McDonalds' operating expenses!
What is McDonald's alternative?
Meet the newest fry cook at the US burger chain CaliBurger: Flippy.
This robot, which will be installed in up to 10 of CaliBurger's 50 locations, can turn patties on a grill and clean it.
Robots are already working in fast-food restaurants — here's exactly what they're doing right now
New McDonald’s In Phoenix Run Entirely By Robots
New McDonald’s In Phoenix Run Entirely By Robots - News Examiner
McDonalds is introducing robots even though the price of labor hasn’t been increased in ten years
Showing that the min wage has nothing to do with it
They would have introduced robots anyway
Sure, and rising labor costs would simply accelerate the process.
Social services support employers low wages and higher profitWe should not be subsidizing labor for employers. Raising the minimum wage means less need for social services.Let’s see...McDonalds survived doubling the price of ground beef
But can’t survive a minimum wage increase
Evidently you don't comprehend this example of the average McDonalds' operating expenses!
What is McDonald's alternative?
Meet the newest fry cook at the US burger chain CaliBurger: Flippy.
This robot, which will be installed in up to 10 of CaliBurger's 50 locations, can turn patties on a grill and clean it.
Robots are already working in fast-food restaurants — here's exactly what they're doing right now
New McDonald’s In Phoenix Run Entirely By Robots
New McDonald’s In Phoenix Run Entirely By Robots - News Examiner
McDonalds is introducing robots even though the price of labor hasn’t been increased in ten years
Showing that the min wage has nothing to do with it
They would have introduced robots anyway
Sure, and rising labor costs would simply accelerate the process.
Imagine how wonderful things would be if workers didn't have to be paid at all.
"Prosperity Through Lower Wages!"
it is the reason for a fifteen dollar an hour minimum wage since social services cost the equivalent to fourteen dollars an hour.Social services support employers low wages and higher profitWe should not be subsidizing labor for employers. Raising the minimum wage means less need for social services.Let’s see...McDonalds survived doubling the price of ground beef
But can’t survive a minimum wage increase
Evidently you don't comprehend this example of the average McDonalds' operating expenses!
What is McDonald's alternative?
Meet the newest fry cook at the US burger chain CaliBurger: Flippy.
This robot, which will be installed in up to 10 of CaliBurger's 50 locations, can turn patties on a grill and clean it.
Robots are already working in fast-food restaurants — here's exactly what they're doing right now
New McDonald’s In Phoenix Run Entirely By Robots
New McDonald’s In Phoenix Run Entirely By Robots - News Examiner
McDonalds is introducing robots even though the price of labor hasn’t been increased in ten years
Showing that the min wage has nothing to do with it
They would have introduced robots anyway
Sure, and rising labor costs would simply accelerate the process.
No they wouldn’tLet’s see...McDonalds survived doubling the price of ground beef
But can’t survive a minimum wage increase
Evidently you don't comprehend this example of the average McDonalds' operating expenses!
What is McDonald's alternative?
Meet the newest fry cook at the US burger chain CaliBurger: Flippy.
This robot, which will be installed in up to 10 of CaliBurger's 50 locations, can turn patties on a grill and clean it.
Robots are already working in fast-food restaurants — here's exactly what they're doing right now
New McDonald’s In Phoenix Run Entirely By Robots
New McDonald’s In Phoenix Run Entirely By Robots - News Examiner
McDonalds is introducing robots even though the price of labor hasn’t been increased in ten years
Showing that the min wage has nothing to do with it
They would have introduced robots anyway
Sure, and rising labor costs would simply accelerate the process.
If McDonalds employees offered to work for $2 an hour.....would they stop automating?
Social services support employers low wages and higher profitWe should not be subsidizing labor for employers. Raising the minimum wage means less need for social services.Let’s see...McDonalds survived doubling the price of ground beef
But can’t survive a minimum wage increase
Evidently you don't comprehend this example of the average McDonalds' operating expenses!
What is McDonald's alternative?
Meet the newest fry cook at the US burger chain CaliBurger: Flippy.
This robot, which will be installed in up to 10 of CaliBurger's 50 locations, can turn patties on a grill and clean it.
Robots are already working in fast-food restaurants — here's exactly what they're doing right now
New McDonald’s In Phoenix Run Entirely By Robots
New McDonald’s In Phoenix Run Entirely By Robots - News Examiner
McDonalds is introducing robots even though the price of labor hasn’t been increased in ten years
Showing that the min wage has nothing to do with it
They would have introduced robots anyway
Sure, and rising labor costs would simply accelerate the process.
The price of a Big Mac has increased $1 in the ten years since min wage has increased2010McDonalds survived doubling the price of ground beef
But can’t survive a minimum wage increase
Yes, by passing on costs to consumers.
Which if the consumers refuse to pay the higher price, then no.... they can't survive.
Doubling the cost of beef? When did this happen?
Um.... no.
View attachment 264475
The price of beef, has increased barely $1 per lbs, over a period of decades. It's been slowly going up year over year, since the mid-90s.
It most certainly did not double in one year, from 2009, to 2010.
Ridiculous.
Now you might ask the question how can McDonald's handle the cost of beef going up, but not a minimum wage going up?
The answer is simple.... higher prices.
View attachment 264477
All costs are passed onto the consumer. All of them. There is no cost, whether it is the cost of payroll, or the cost of beef, that is not passed onto consumers.
Further, the cost of beef, is actually not a major cost to the store. It just isn't. It may seem like it should be, since they are primarily a burger joint, but in reality the full cost of a single big mac, in terms of food costs, is only 80¢. So out of that $4.80 for a big mac, only 80¢ is the food. That means the cost of the beef used, is less than 80¢ because that 80¢ includes the buns, the cheese, the onions, the sauce, and whatever else that is on it.
So what is the other $4? All profit? No, because if it was all profit, McDonald's would be raking in Trillions instead of Billions.
Of course you have store overhead, and you have to pay for the paper supplies, like the wrapper you put the burger in, and the bag, and so on.
But the single biggest expense, is exactly as the person before pointed out.... payroll. If you increase the price of beef, even by 100%.... we're still talking pennies per burger.
But if you increase payroll by 100%, we're talking $600,000.
Additionally, you seem to be equating a slow increase over 20 years, with a minimum wage increase over 2 years. Not at all comparable.
How many Big Macs does an employee sell in an hour?
i am referring to legal adult participation in the market for labor; younger persons could get emancipated if they want, find it necessary or expedient.sure; in the US, the cost will depend on employment, so the more employers hire the less it should cost. i am advocating for the equivalent to one dollar an hour less than the minimum wage to actually work, for unemployment compensation.the scenario is, unemployed Labor can apply for unemployment compensation for simply being unemployed in our at-will employment States.Let’s see the numbers? Where has it been successful? Explain the model, who is eligible and when?
So every unemployed person is eligible? Where has this been successfully done? How much will this actually cost? What is the monthly benefit?
Every unemployed person, from age one month to 125 years old, How many people would that be? Could you please give the monthly amount of the benefit? What if a person worked part time, what would be his benefit?
the equivalent to one dollar an hour less than minimum wage to actually provide labor input to the economy.
